Ascendic ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ascendic ApS
Ascendic ApS (CVR number: 41315075) is a company from FREDERIKSBERG. The company reported a net sales of 1.3 mDKK in 2023, demonstrating a decline of -61.5 % compared to the previous year. The operating profit percentage was poor at -22.3 % (EBIT: -0.3 mDKK), while net earnings were -299.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.7 %, which can be considered poor and Return on Equity (ROE) was -36.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -15.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Ascendic ApS's liquidity measured by quick ratio was 2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 217.25 | 3 943.36 | 3 495.63 | 1 344.90 |
Gross profit | 29.29 | 422.68 | - 443.60 | - 299.50 |
EBIT | 29.29 | 422.68 | - 443.60 | - 299.50 |
Net earnings | 29.29 | 422.68 | - 443.60 | - 299.50 |
Shareholders equity total | 67.98 | 479.08 | 29.13 | - 286.90 |
Balance sheet total (assets) | 303.57 | 1 798.70 | 1 676.87 | 1 613.17 |
Net debt | 89.10 | |||
Profitability | ||||
EBIT-% | 13.5 % | 10.7 % | -12.7 % | -22.3 % |
ROA | 9.6 % | 40.2 % | -25.5 % | -16.7 % |
ROE | 43.1 % | 154.5 % | -174.6 % | -36.5 % |
ROI | 18.6 % | 132.9 % | -174.6 % | -2056.1 % |
Economic value added (EVA) | 29.29 | 419.26 | - 467.67 | - 300.96 |
Solvency | ||||
Equity ratio | 22.4 % | 26.6 % | 1.7 % | -15.1 % |
Gearing | 131.1 % | |||
Relative net indebtedness % | 58.6 % | 6.6 % | 14.8 % | 55.8 % |
Liquidity | ||||
Quick ratio | 3.2 | 1.7 | 2.0 | |
Current ratio | 2.4 | 6.9 | 3.2 | 2.1 |
Cash and cash equivalents | ||||
Capital use efficiency | ||||
Trade debtors turnover (days) | 76.7 | 90.3 | 400.7 | |
Net working capital % | 79.7 % | 38.6 % | 32.3 % | 61.8 % |
Credit risk | ||||
Credit rating | BB | BB | B | C |
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